Eutelsat Group (OTCMKTS:ETCMY) Sees Large Decrease in Short Interest

Eutelsat Group (OTCMKTS:ETCMY) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 12,300 shares, a decline of 7.5% from the December 31st total of 13,300 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is presently 2.6 days.

Eutelsat Group Stock Down 0.6 %

Shares of ETCMY traded down $0.00 on Monday, hitting $0.53. The company’s stock had a trading volume of 2,376 shares, compared to its average volume of 1,925. Eutelsat Group has a fifty-two week low of $0.47 and a fifty-two week high of $1.28. The company has a 50 day moving average price of $0.66 and a 200 day moving average price of $0.95.

Eutelsat Group Company Profile

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.